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AMAT

Applied Materials (AMAT) Stock Forecast & Price Target

Applied Materials (AMAT) Analyst Ratings

Based on 24 analyst ratings
Buy
Strong Buy 38%
Buy 50%
Hold 13%
Sell 0%
Strong Sell 0%

Bulls say

Applied Materials is poised for continued growth, underpinned by a projected increase in operational expenditures of approximately 3% year-over-year, following a 5% rise in FY25, supported by workforce reductions. The company's revenue from systems decreased by 5% quarter-over-quarter to $4.770 billion, but still demonstrated robust performance in global foundry sales and relative strength in DRAM and NAND segments, reflecting resilience amid shipment restrictions. Furthermore, management anticipates significant improvements in customer visibility for calendar year 2026, with expectations for sustained demand driven by emerging needs, such as OpenAI-related chip orders potentially contributing over $7 billion to the industry.

Bears say

The financial analysis of Applied Materials reveals a concerning outlook primarily due to flat overall revenues, with a notable 7% quarter-over-quarter decline attributed largely to weakening demand in foundry/logic and NAND segments. Risks such as ongoing supply chain challenges, the potential inability to procure critical components, and a protracted recovery in equipment utilization rates further exacerbate uncertainties surrounding the company's performance. Additionally, management's commentary regarding the 2026 outlook suggests potential downward revisions to earnings estimates, compounded by concerns over its mature node exposure and integration challenges from recent acquisitions, which could ultimately impact margins and cash flow.

Applied Materials (AMAT) has been analyzed by 24 analysts, with a consensus rating of Buy. 38% of analysts recommend a Strong Buy, 50% recommend Buy, 13% suggest Holding, 0% advise Selling, and 0% predict a Strong Sell.

This aggregate rating is based on analysts' research of Applied Materials and is not a guaranteed prediction by Public.com or investment advice.

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FAQs About Applied Materials (AMAT) Forecast

Analysts have given Applied Materials (AMAT) a Buy based on their latest research and market trends.

According to 24 analysts, Applied Materials (AMAT) has a Buy consensus rating as of Feb 2, 2026. This rating is provided by third-party analysts and is not investment advice from Public.com.

Wall Street analysts have set a price target of $307.62, reflecting a 0.00% increase from the current stock price.

Financial analysts have set a price target of $307.62, indicating a 0.00% increase from the current stock price, but ratings and forecasts are frequently updated based on market conditions, earnings reports, and industry trends. This prediction is provided by third-party analysts and is not investment advice from Public.com.

Applied Materials (AMAT)


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